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KUALA LUMPUR (Reuters) - Budget carrier AirAsia Group Bhd has postponed its fourth-quarter earnings release by about a month, just as its closed Japan unit starts bankruptcy proceedings.
KUALA LUMPUR: S P Setia surpassed its targeted sales of RM3.8bil by achieving a total sales of RM3.82bil amidst the Covid-19 pandemic.
KUALA LUMPUR: SKP Resources Bhd, an electronics manufacturing services (EMS) company, said net profit in the third quarter ended Dec 31 jumped 72% to RM43.5mil as sales expanded 29% to RM713mil.
KUALA LUMPUR: Kenanga Investment Bank Bhd (KIBB) reported a net profit of RM39.3mil in the last quarter ended Dec 31 on higher contribution from its stockbroking business, as well as increased contribution from its joint venture with Rakuten Trade. Earnings for the full year jumped four-fold to RM102mil.
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) recorded revenue of RM1.2bil and loss before tax of RM152.9mil in FY2020 due to the RM175.3mil in impairment provisions relating to completed construction projects impacted by the pandemic.
KUALA LUMPUR: Property developer Matrix Concepts Holdings Bhd achieved a second consecutive record high quarter over a five-year period, as net profit climbed 15.3% to RM75.3mil in 3Q21 on increased revenue recognition from property development, and expedited construction progress.
KUALA LUMPUR: Unisem (M) Bhd’s net profit for the financial year ended Dec 31, 2020 (FY20) rose to RM142.79 million compared with a net loss of RM9.54 million in FY19.
KUALA LUMPUR: Axiata Group Bhd, which posted a net loss of RM255.95mil in the fourth quarter ended Dec 31, 2020 (4Q20), has declared a second interim dividend of five sen per share.
KUALA LUMPUR: AirAsia Group expects businessman and M&A specialist Stanley Choi Chiu Fai, who joined the low-cost carrier group as a strategic shareholder to add value to its digital business development in China.
KUALA LUMPUR: Genting Plantations Bhd, DRB-Hicom Bhd, Inari Amertron Bhd, Press Metal Aluminium Holdings Bhd, Aeon Co (M) Bhd, Dayang Enterprise Holdings and Destini Bhd are among the stocks to watch on Thursday, according to JF Apex Research.